Derivative Strategy pick by Devarsh Vakil & Nandish Shah of PCG Desk, HDFC securities:Buy NCC (Nagarjuna Construction) October 95 call at Rs 1.50Stop loss: Rs 0.80 Target: Rs 3 Lot size: 8,000 sharesRationale: We have seen long positions being built in NCC futures today where Open interest rising by 5% with price rising by 5%. Stock Price has given break out from the downard sloping trendline, adjoining the high of 17-May-2017 and 14-Sep-2017 In the option segment, 95 and 100 call added signifanct shares in Open Interest. Momentum Indicators and oscillators are suggesting strength in the stockDisclaimer: The analysts may have position in the stock mentioned above.